and the dax had been down. >> important to note, we have this exact same thing play out monday night, steve, i'm sorry, sunday night, monday morning. we were sitting here and talking on the couch. the asian markets were very weak sunday night. last night, we were doing the show on the fox business network. i was sitting there watching, hosting the show. we went down from down 100 futures again but indicating a lower opening to down 200, to down 300. to down 350. we put the asian markets to bed. we woke up this morning in europe, again, floated the boat a little bit like it had yesterday. problem is when the u.s. markets open up, that's when the selling came back and it really -- the markets started to tank once again but right now, we're sitting up a little bit. up a little bit. but it's a great improvement from late last night. >> do you agree with the fact that it was oversold yesterday so we might see a bounce today? >> no, gretchen, because these are big things. this is the first time ever u.s. downgrade of american debt. this is a -- this isn't an overbought, oversold or just money is mo
